# Downtown condo market report — Oct 2026

Downtown, Oct 2026: 384 condos closed in the last 12 months (-7.0% year over year) at a median price of $528,050 (-9.7%) and $591/sqft; 1038 units are for sale, 32.4 months of supply (as of 2026-11-01).

## Key facts

| | |
|---|---|
| Sales window | 2025-11-01 → 2026-10-31 |
| Closed sales | 384 (-7.0% year over year) |
| Sales volume | $336.38M (-11.0% year over year) |
| Median sale price | $528,050 (-9.7% year over year) |
| Median sold $/sqft | $591/sqft (+0.4% year over year) |
| Median days on market | 81 |
| Median sale-to-original-ask | 91.6% |
| For sale | 1038 |
| Pending | 54 |
| New listings, 30 days | 182 |
| Months of inventory | 32.4 (a buyer's market) |
| own.miami Market Index | 22/100 (Buyer's market; High confidence; As of 2026-11-01) |
| Listings with a price cut | 37% (median cut 6.0%) |
| Median HOA | $1,197/mo |
| Waterfront $/sqft premium | +13.3% |

## Monthly figures (last 12 months)

| Month | Closed sales | Median sale price | Median sold $/sqft | Active |
|---|---|---|---|---|
| 2025-11 | 29 | $536,000 | $523/sqft | — |
| 2025-12 | 52 | $502,500 | $592/sqft | — |
| 2026-01 | 29 | $520,000 | $537/sqft | — |
| 2026-02 | 26 | $587,500 | $646/sqft | — |
| 2026-03 | 34 | $637,500 | $612/sqft | — |
| 2026-04 | 34 | $495,000 | $749/sqft | — |
| 2026-05 | 37 | $540,000 | $611/sqft | — |
| 2026-06 | 38 | $600,000 | $570/sqft | — |
| 2026-07 | 36 | $519,000 | $611/sqft | — |
| 2026-08 | 28 | $562,500 | $606/sqft | 640 |
| 2026-09 | 26 | $412,500 | $576/sqft | 925 |
| 2026-10 | 15 | $410,000 | $627/sqft | 1062 |

## Most active buildings (closed sales, 12 months)

- Vizcayne: 34 sold in 12 months, $459/sqft
- Paramount Miami Worldcenter: 25 sold in 12 months, $620/sqft
- Aston Martin Residences: 24 sold in 12 months, $1,274/sqft
- 900 Biscayne Bay: 24 sold in 12 months, $717/sqft
- The Elser: 23 sold in 12 months, $1,105/sqft
- Centro: 20 sold in 12 months, $587/sqft

## Related pages

- [Downtown](https://own.miami/downtown)
- [Financeability](https://own.miami/downtown/financeability)

_Based in part on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the period August 1, 2023 through November 1, 2026._

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Source: Own.Miami — https://own.miami · data as of 2026-11-01
Canonical page: https://own.miami/downtown/market-report
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai